01 August 2023
01 August 2023
The appreciation of the Mexican peso against the dollar has also dented sales and profits.
The Irn-Bru maker said White’s departure will come “in the next 12 months”.
Analysts at AllianceBernstein described the results as “disappointing”.
Another Asian giant, Sapporo Holdings, made the top five.
The contract will see the partners obtain alcohol licences and buy roughly 35 acres to build a brewery.
There is cautious optimism about recovery in China but Cognac producers should be worried about the long-term outlook for the US.
Looking again at grape varieties, rootstocks and massal selection could help growers adapt to rising temperatures.
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